Last week’s jobs report is the latest data point to drag down rates for today’s home buyers and would-be refinancers. As reported by the government, the national Unemployment Rate rose to 9.5 percent in June — a 25-year high. As the percentage of out-of-work Americans grows, households have less disposable income to pump back into the […]
Why Higher Unemployment Means More Home Buying Power
July 7th, 2009 · Comments Off on Why Higher Unemployment Means More Home Buying Power
Tags: Real Estate